Aveon Offshore boosts local content with new Egina manifolds

Aveon Offshore has unveiled its 257 tons Egina subsea production manifolds in Port Harcourt, Rivers state, Vanguard reports. Speaking at the ceremony, Group Managing Director,...

Eterna Oil commences local production of Castrol oil with N3bn lubricant plant

Nigeria’s local content drive in the oil and gas sector has received a major boost as an indigenous oil company, Eterna Oil expands its...

NLNG has engaged local contractors in building $1.6bn vessels – Official

Nigerian Liquefied Natural Gas (NLNG) has engaged local contractors to paint, supply cables and carpentry works required to build LNG ships worth $1.6 billion,...

TechnipFMC installs 6 manifold modules for Total’s Egina project in Nigeria

The six (6) manifold modules built by TechnipFMC for Total’s Egina project have been successfully installed in the field located offshore Nigeria within OML...

NCDMB creates council for R&D in oil, gas sectors

A Research and Development (R&D) Council will be constituted for the oil and gas industry to integrate research initiatives of stakeholders, The Nation reports. It...

NCDMB targets $1bn for local content intervention fund in 3 years

The Nigerian Content Development and Monitoring Board (NCDMB) said in Lagos yesterday that it expects the Nigerian Content Intervention (NCI) fund to hit $1...

Stakeholders endorse SNEPCo’s Global Nigeria Forum for investors

Public and private sector players in the Nigerian oil and gas industry have described the annual Global Nigeria Forum (GNF) as a model worthy...

Nigeria lost $380bn in oil, gas sectors from absence of local content

Nigeria lost about $380 billion dollars in 50 years in capital flight due to the absence of regulation on local content development in the...

NNPC, NCDMB re-affirm commitment to local content as Egina project nears completion

The Nigerian National Petroleum Corporation (NNPC) will accelerate local capacity development in all its operations within the nation’s Oil and Gas industry. NNPC Group Managing...

Agip, Shell to fabricate 50% of FPSO topsides locally for Zabazaba deepwater project

Two multinational operating companies, Nigerian Agip Exploration Limited (NAE) and Shell Nigeria Exploration and Production Company (SNEPCO) have set plans for in-country fabrication and...

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